Curved Glass Panel Market to Grow at a CAGR of 6.2% from 2022 to 2032, Fueled by Growing Demand from Automotive and Construction Industries
The Curved Glass Panel Market is witnessing significant growth due to the increasing demand from various industries such as automotive, construction, and consumer electronics. Curved glass panels are increasingly being used in automotive windshields, sunroofs, and side windows, as they offer enhanced aesthetics and provide better visibility to the driver. In the construction industry, curved glass panels are used in building facades, skylights, and windows to create visually stunning and energy-efficient structures. The consumer electronics industry is also driving demand for curved glass panels, particularly in smart home devices and wearables. The market is projected to grow at a significant CAGR in the forecast period, fueled by the rising adoption of energy-efficient buildings and increasing use of smart home devices and wearables.
Curved glass panel market by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Key players in the global curved glass panel market include:
- Parapan
- Inglas Vetri
- Cricursa
- Franke
- Cristal Pontevedresa
- Tambest Glass Solutions
- Joel Berman Glass Studios
- Vidres Berni
- InVision Glass Design
- DuPont Safety Glas
- Chicago Metallic
Key highlights of the Curved Glass Panel Market:
- The market is witnessing significant growth due to the increasing demand from various industries such as automotive, construction, and consumer electronics.
- Curved glass panels offer enhanced aesthetics, provide better visibility, and are energy-efficient, making them a preferred choice in building facades, skylights, and windows in the construction industry.
- In the automotive industry, curved glass panels are used in windshields, sunroofs, and side windows, as they offer a better and wider field of vision.
- Curved glass panels are also used in consumer electronics such as smart home devices and wearables, where they provide a unique design and better user experience.
- The market is projected to grow at a significant CAGR in the forecast period, driven by the rising adoption of energy-efficient buildings and increasing use of smart home devices and wearables.
- Some of the major players operating in the Curved Glass Panel Market include AGC Inc., Guardian Glass, Saint-Gobain S.A., Schott AG, and Nippon Sheet Glass Co., Ltd.
- Overall, the Curved Glass Panel Market is expected to witness strong growth in the coming years, driven by the increasing demand from various industries and the growing trend of energy-efficient buildings and smart home devices.
Curved Glass Panel Market Definition:
Curved Glass Panels are specialized glass products that have a curved surface instead of the traditional flat surface. These panels are created through a process called “cold bending,” where the glass is heated to a certain temperature and then bent or curved to a specific shape. Curved Glass Panels are used in a wide range of applications, including architectural designs such as facades, skylights, and windows, as well as automotive and consumer electronics products such as windshields, sunroofs, and smart home devices. The demand for curved glass panels is increasing due to their enhanced aesthetics, better visibility, and energy-efficient properties.
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- BASE YEAR:2021
COVID-19 Impact on Curved Panel Market:
The COVID-19 pandemic has had a significant impact on the Curved Glass Panel Market, with the industry experiencing both positive and negative effects.
On the positive side, the demand for curved glass panels used in medical equipment and protective barriers has increased due to the pandemic. Curved glass panels are being used to manufacture medical equipment such as isolation pods and hospital screens, and protective barriers such as sneeze guards and partitions for retail stores and offices.
Furthermore, the economic impact of the pandemic has resulted in a decrease in construction activities, which has led to a reduction in demand for curved glass panels used in building facades, skylights, and windows. However, with the gradual lifting of lockdowns and the resumption of economic activities, the demand for curved glass panels is expected to increase in the coming years. The growing trend of energy-efficient buildings, the increasing adoption of smart home devices and wearables, and the rising demand for electric vehicles are expected to drive the growth of the Curved Glass Panel Market post-pandemic.
Recent developments in the Curved Glass Panel Market:
In October 2021, a German glass manufacturer, Schott AG, introduced a new curved glass product called CONTURAN DARO. This new product is designed for use in touchscreens and display screens of smart home devices, automotive interiors, and medical equipment.
In September 2021, Guardian Glass, a leading manufacturer of glass products, announced the expansion of its coated glass production capacity in Europe, including the production of curved coated glass. This expansion is expected to cater to the growing demand for energy-efficient curved glass panels used in buildings.
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